Technical analysisTo see this story with a different angle, let's look at a the technical analysis -- I know, I know it is believed not to be very accurate for micro-cap companies but considering the fact that volume of trades have been picking up this year for KNE why not looking at it ---.
Short Term: Phase 1. Neutral to Negative. The price is below both the EMA 10 and 30. The RSI is below 50. The price range is not very wide so, a news release could change this very quickly considering that the price seems to be holding up well in the $0,12 area.
Mid Term: Phase 3. Neutral to slightly positive. The price sits on the EMA30 but the ema10 is still above the EMA30 so, this is temporary weakness / accumulation level area. The RSI is right at 50.
Long Term: Phase 2. Positive. The price is above the EMA 10. The EMA10 is above the EMA30 whiuch is positive. The volume have picked up well since February of this year. Looks very well long-term.
Voil! It is what it is. Please feel free to comment and add to the above.
GLTA!